Worldwide Stationary Oxygen Concentrators: Market Shares, Strategies, and Forecasts 2015 to 2021

News provided by

Aug 19, 2015, 07:10 ET

DUBLIN, Aug. 19, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/lct99l/stationary_oxygen) has announced the addition of Wintergreen Research, Inc's new report "Stationary Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" to their offering.

Oxygen concentrator markets at $669.5 million in 2014 are anticipated to reach $2 billion dollars by 2021. Growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for stationary devices at home even as portable devices provide greater mobility support for older people.

Worldwide markets are poised to achieve continuing growth as the aging population worldwide needs homecare oxygen treatment. Older people develop COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner. Portable devices have become affordable and support a mobile lifestyle even while on oxygen.

Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. People on oxygen wish to continue usual activities, the portable devices are useful for that during the day. Distributors are concentrated on determining which stationary oxygen concentrator supports patient lifestyle.

Major factors driving the market for stationary oxygen concentrators include its ability to provide oxygen under all circumstances. The worldwide aging population. An increase in the number of people with COPD and other respiratory diseases. Advantages of newer stationary oxygen concentrator devices are that they weigh less, are somewhat quieter than toe older units, and are easy to use. They are generally affordable but reimbursement drives markets.

There has been a quantum improvement in the home based stationary oxygen concentrator technology. Less weight, more power are the characteristics of the new stationary units. The huge jump in technology is illustrated by the effectiveness of the devices in providing improved patient lifestyle.

Stationary concentrator systems are always used by a patient to supplement portable oxygen concentrators. Portable oxygen must be supplemented with standard large, bulky, and inefficient, heavy, and impractical stationary devices because the stationary devices provide a more stable source of oxygen during sleep.

Key Topics Covered:

1. Stationary Oxygen Concentrator Market Description and Market Dynamics

2 Stationary Oxygen Concentrator Market Shares and Forecasts

3. Stationary Oxygen Concentrator Product Description

4 Stationary Oxygen Concentrator Technology

5 Stationary Oxygen Concentrator Company Profiles

Market Leaders:

- AirSep
- Chart / Caire / SeQual
- Invacare
- Philips Respironics

Market Participants:

- Air Liquide
- Braun and Company
- CAIRE / SeQual Technologies
- CareFusion / Intermed Equipment
- Chart Industries
- Covidien
- DeVilbiss Healthcare
- Drive
- Drive Medical
- Dräger
- Fanem
- Fisher & Paykel Healthcare
- GE Healthcare
- Gardner Denver / Thomas Compressors
- Getinge Group AB / Maquet
- Graham Field
- Hamilton Medical
- Heinen & Loewenstein GmbH & Co
- Inogen
- Inova Labs
- Jiuxin Medical
- Leistung Engineering
- Longfian Scitech
- Merits
- Nidek Medical
- O2 Concepts
- O2Concepts Oxlife
- OSI Systems
- ResMed
- Smiths Group plc / Smiths Medical
- Teijin
- Teleflex Incorporated / Teleflex Medical
- Terumo
- UltraNebs
- VBox Troope

For more information visit http://www.researchandmarkets.com/research/lct99l/stationary_oxygen

Source: Wintergreen Research, Inc